Form 4: Azzurro Capital Inc. Sells 3,500 Shares of Travelzoo (TZOO)
SEC Form 4
Azzurro Capital Inc., a 10% owner of Travelzoo, sold 3,500 shares of common stock at prices ranging from $9.32 to $9.36 on August 6, 2024.
Summary
- Azzurro Capital Inc. sold 3,500 shares of Travelzoo common stock on August 6, 2024.
- The sale price ranged from $9.32 to $9.36 per share.
- Following the transaction, Azzurro Capital Inc. beneficially owns 5,033,871 shares.
- Ralph Bartel and the Ralph Bartel 2005 Trust have indirect ownership of these shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a sale of shares. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.
Industry Context
Sales by significant shareholders are routinely monitored by the market as they can indicate the shareholder's view of the company's prospects.
Stakeholder Impact
- Shareholders may react to the news of a significant shareholder selling shares.
Key Dates
| Date | Description |
|---|---|
| 08/06/2024 | Date of transaction: Azzurro Capital Inc. sold 3,500 shares of Travelzoo. |
| 08/08/2024 | Date of signature by Ralph Bartel. |
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